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Oblong, Inc. Director's Dealing 2012

Sep 18, 2012

35367_dirs_2012-09-18_579cb112-0c85-4802-82d8-968121a42b03.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOWPOINT, INC. (GLOW)
CIK: 0000746210
Period of Report: 2012-09-04

Reporting Person: Peri Steven B (Executive VP & General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-09-04 Common Stock A 150000 Acquired 150000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-09-04 Stock Option (right to buy) $3.02 A 50000 Acquired 2022-09-04 Common Stock (50000) Direct
2012-09-04 Stock Option (right to buy) $3.47 A 50000 Acquired 2022-09-04 Common Stock (50000) Direct

Footnotes

F1: These shares of restricted stock were granted in connection with the reporting person's appointment as Executive Vice President, General Counsel and Secretary of the issuer and without payment of consideration pursuant to the issuer's 2007 Stock Incentive Plan. These shares will vest upon the earlier to occur of (i) the issuer's Change of Control or Corporate Transaction (each as defined in the issuer's 2007 Stock Incentive Plan) and (ii) the tenth anniversary of the date of the award.

F2: These options were granted in connection with the reporting person's appointment as Executive Vice President, General Counsel and Secretary of the issuer and without payment of consideration pursuant to the issuer's 2007 Stock Incentive Plan. These options will vest upon the earlier to occur of (i) the issuer's Change of Control or Corporate Transaction (each as defined in the issuer's 2007 Stock Incentive Plan) and (ii) the tenth anniversary of the date of the award.